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Student Managed Farm Purebred Beef Final Presentation April 2014

2nd year students in Lakeland College's animal science technology program take a Student Managed Farm class. Lakeland's Student Managed Farm - powered by New Holland has both livestock and crop sides. The livestock side is further broken down into commercial beef, dairy, purebred beef and sheep units. This is the final presentation of the 2013-14 purebred beef unit

Advertised sale bulls and beef day, we were able to talk to and meet several industry members We promoted lakeland colleges purebred herd, by getting our name and our animals out.

hawk

Opportunity to advertise our sale bulls while showcasing and marketing the purebred herds yearling and 2 year old bulls Lakeland CollegeGoals are to advertise Lakeland college and our purebred herdPartnering with the Canadian Angus Association

haley

haley

haley

Student Managed Farm Purebred Beef Final Presentation April 2014

3.
SWOT
Strengths
Beef Day
• Marketing, representing, profit, made beef unit as a whole
stronger and better
Genetics
• Through connections and partnerships we have expanded
the genetic base of our herd.
Connections
• By connecting with industry we have gained industry
connections that allow us to broaden our opportunities.

6.
SWOT
Threats
Volatile Industry
• Cattle industry subject to large fluctuations in commodities
Competition Within Industry
• We are a young herd in the largest most competitive breed
in North America
Team Work
• Communicating with different personalities and being able
to come together as a team

53.
Profit & Loss
April 2013 Through March 2014
Income
Income
Total Livestock
Sales
$28,081.93
Livestock
Inventory
Change
$66,000.00
Show Revenue $200.00
Total Income $94,281.93
Total Livestock
Sales
Livestock
Inventory Change
Show Revenue

60.
1. Maintain current vision
2. Focus on marketing
3. Select bulls according to marketing plan
4. Consider return cost on showing
5. Diets on young cattle
6. SMF teams work together to create one
financial report for farm
Recommendations from last year

62.
Recommendations
7. Create a working spreadsheet for all animal
weights and records to keep unit updated
8. Continue to build diets early according to
marketing plan
9. Create regular meetings with commercial team